Thompson Siegel & Walmsley LLC Decreases Stock Position in Synchrony Financial $SYF

Thompson Siegel & Walmsley LLC cut its holdings in Synchrony Financial (NYSE:SYF) by 17.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,500 shares of the financial services provider’s stock after selling 16,000 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Synchrony Financial were worth $6,132,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Strategic Investment Advisors MI lifted its holdings in Synchrony Financial by 43.2% in the 3rd quarter. Strategic Investment Advisors MI now owns 68,841 shares of the financial services provider’s stock valued at $4,890,000 after purchasing an additional 20,778 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Synchrony Financial by 5.4% during the 3rd quarter. Bank of America Corp DE now owns 14,335,213 shares of the financial services provider’s stock valued at $1,018,517,000 after acquiring an additional 739,832 shares during the last quarter. Tredje AP fonden increased its stake in shares of Synchrony Financial by 71.5% during the 3rd quarter. Tredje AP fonden now owns 54,811 shares of the financial services provider’s stock valued at $3,894,000 after acquiring an additional 22,856 shares during the last quarter. Jupiter Asset Management Ltd. acquired a new position in shares of Synchrony Financial during the 3rd quarter valued at about $2,108,000. Finally, Principal Financial Group Inc. increased its stake in shares of Synchrony Financial by 8.9% during the 3rd quarter. Principal Financial Group Inc. now owns 506,433 shares of the financial services provider’s stock valued at $35,982,000 after acquiring an additional 41,273 shares during the last quarter. 96.48% of the stock is currently owned by hedge funds and other institutional investors.

Synchrony Financial Stock Down 0.8%

SYF opened at $70.90 on Tuesday. The firm has a 50 day moving average price of $72.02 and a 200 day moving average price of $74.73. The company has a market cap of $23.85 billion, a PE ratio of 7.33, a price-to-earnings-growth ratio of 0.62 and a beta of 1.37. Synchrony Financial has a 1 year low of $56.51 and a 1 year high of $88.77. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.24 and a current ratio of 1.24.

Synchrony Financial (NYSE:SYF) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.14 by $0.13. The firm had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.81 billion. Synchrony Financial had a net margin of 15.80% and a return on equity of 23.41%. The company’s revenue was down 7.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.89 EPS. Synchrony Financial has set its FY 2026 guidance at 9.100-9.500 EPS. Sell-side analysts expect that Synchrony Financial will post 9.29 earnings per share for the current year.

Synchrony Financial announced that its Board of Directors has initiated a stock buyback plan on Tuesday, April 21st that permits the company to repurchase $0.00 in shares. This repurchase authorization permits the financial services provider to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Synchrony Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, May 5th. Synchrony Financial’s dividend payout ratio is 12.41%.

Insider Transactions at Synchrony Financial

In other Synchrony Financial news, insider Jonathan S. Mothner sold 51,258 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $71.23, for a total value of $3,651,107.34. Following the completion of the sale, the insider owned 132,664 shares of the company’s stock, valued at $9,449,656.72. This trade represents a 27.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.36% of the company’s stock.

Analyst Ratings Changes

SYF has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their price objective on shares of Synchrony Financial from $100.00 to $95.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Synchrony Financial in a research note on Monday, April 20th. Robert W. Baird upped their price objective on shares of Synchrony Financial from $83.00 to $86.00 and gave the company an “outperform” rating in a research note on Wednesday, April 22nd. Barclays upped their price objective on shares of Synchrony Financial from $82.00 to $93.00 and gave the company an “overweight” rating in a research note on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Synchrony Financial from $84.00 to $73.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Synchrony Financial has a consensus rating of “Moderate Buy” and a consensus price target of $86.05.

Synchrony Financial Profile

Synchrony Financial (NYSE: SYF) is a consumer financial services company that specializes in providing point-of-sale financing and private-label, co-branded and branded credit card programs. The company serves as a payments and lending partner to retailers, digital merchants and service providers, offering consumer financing solutions designed to drive customer engagement and sales. Synchrony also operates a direct bank that offers deposit products, including savings accounts and certificates of deposit, which support its funding and customer-facing product suite.

Its core product set includes private-label and co-branded credit cards, general-purpose credit cards, installment loan programs and promotional financing options that are integrated into merchants’ checkout experiences.